TIPICO SPORTSBOOK IS OFFICIALLY LIVE IN COLORADO
Launch Marks Second U.S. State for the German Market Leader’s Presence in the U.S. and Positions Tipico for Rapid Expansion Across North America
HOBOKEN, NJ (August 19, 2021) – Tipico, a global sportsbook operator, is excited to announce that the Colorado Division of Gaming has approved the Tipico Sportsbook mobile app for launch, and it is now live and taking bets in the Centennial State. Tipico Sportsbook’s growth into Colorado marks the German market leaders’ second U.S. state and expands its presence beyond New Jersey where the app has been live since December 2020.
The expansion to Colorado comes as a result of Tipico’s strategic relationship with Century Casinos Inc. (NASDAQ: CNTY), a casino entertainment company that supported Tipico in obtaining a Colorado Internet Sports Betting License. Sports fans and bettors in Colorado are now able to download the user-friendly, safe and fast app via the Apple and Google Play stores to place bets across a wide variety of sports and teams. The app went live officially in the state on August 18th and delivers an exceptional user experience just in time for the kick-off of the National Football League (NFL) and National Colleague Athletic Association (NCAA) football seasons. Expansion to additional states is slated to be announced soon.
“We are thrilled to announce Tipico’s continued growth within the United States,” said Adrian Vella, CEO, Tipico U.S. “We look forward to continuing to grow our U.S. footprint with exciting announcements in the pipeline that will change the game for avid sports fans and bettors.”
Unlike other sports betting apps that require users to download different apps specific to states, Tipico Sportsbook’s proprietary technology offers users a seamless, single log-in experience – and as Tipico expands and launches new products in the U.S., bettors will have a secure, virtual ‘wallet’ feature that is accessible across states. To celebrate its second state launch Tipico will be offering a variety of attractive sign-up promotions and cash offers for Colorado consumers, which are now available in the app and on www.tipico.com/us.
“This is an exciting moment for Tipico as we continue to add exciting new features for U.S bettors,” said Adrian Vella, CEO, Tipico U.S. “Captivating users and elevating their betting experience is at the core of Tipico’s development and growth plan, and we’re proud of the capabilities that our app and our proprietary technology stack offers.”
Tailor-made for a serious U.S. bettor and inspired by decades of experience as an international leader in the sports betting and mobile interactive gaming space, the proprietary online sportsbook allows users to wager on live sport markets across the globe, with odds managed by Tipico’s in-house trading team, 24/7.The company, which is one of the largest sports betting and iGaming companies in the world, has roots in Germany and has exciting plans to expand to additional U.S. states with new offerings in the coming months.
“Century Casinos is thrilled to welcome Tipico Sportsbook to Colorado, and we're honored to partner with them to introduce Colorado's legendary sports faithful to their new home for sports betting action,” said Erwin Haitzmann and Peter Hoetzinger, Co Chief Executive Officers of Century Casinos. “Tipico is a seasoned global operator with a track record of delivering reliable, high-quality products, which pairs perfectly with the casino experience we offer Colorado players.”
In addition to the company’s ambitious expansion plans, Tipico also announced an exclusive agreement with Gannett Co., Inc. in July 2021, becoming the exclusive sports betting and iGaming provider for Gannett, with integration of odds, props, free to play games and betting trends across the USA Today Network, consisting of more than 250 daily local news sites.
For more information, please visit: www.tipico.com/us.
About Tipico U.S.
Tipico is a U.S. sportsbook originally founded in Europe in 2004. As the leading sports betting provider in Germany and one of the top sports betting companies worldwide, the company offers digital and mobile betting entertainment across 30 different sports and invests heavily in the development of technologies that make the sports betting experience better and safer, placing the highest value on player protection. Tipico Group of companies employs over 1,800 people worldwide and another 4,200 people working in the Tipico associated franchise network. In the United States, Tipico is regulated by the New Jersey Division of Gaming Enforcement and has established U.S. operations and business headquarters in Hoboken, New Jersey. Tipico has partnered with Ocean Casino and Resort in Atlantic City for New Jersey licensing, and is regulated by the Colorado Division of Gaming for its operations in Colorado, which is in partnership with Century Casinos for licensing in the state. The brand is also the exclusive sports betting and iGaming provider for Gannett, with integration across the USA Today Network. For more information, please visit www.tipico.com/us, or www.tipico-group.com.
About Century Casinos, Inc.:
Century Casinos, Inc. is a casino entertainment company. The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri, in Calgary and St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia; the Century Mile Racetrack and Casino ("CMR") in Edmonton, Alberta, Canada; and Century Bets! Inc. ("CBS"). CBS and CMR operate the pari-mutuel off-track horse betting networks in southern and northern Alberta, respectively. Through its Austrian subsidiary, Century Resorts Management GmbH ("CRM"), the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the owner and operator of eight casinos throughout Poland; and a 75% ownership interest in Century Downs Racetrack and Casino in Calgary, Alberta, Canada. The Company operates four ship-based casinos. The Company, through CRM, also owns a 7.5% interest in, and provides consulting services to, Mendoza Central Entretenimientos S.A., a company that provides gaming-related services to Casino de Mendoza in Mendoza, Argentina. The Company continues to pursue other projects in various stages of development. Century Casinos' common stock trades on The Nasdaq Capital Market® under the symbol CNTY. For more information about Century Casinos, visit our website at www.cnty.com.
Tipico Media Contacts
Keith Gormley
VP, US Marketing: Keith.gormley@tipico.com
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